In the film, Stiller would play a recently-deceased man who rents spirits to the living from his position in the afterworld. Night at the Museum scribes Thomas Lennon and Robert Ben Garant will tackle the script, which is adapted from a BBC childrens' comedy series from the late 1970s and early ‘80s.

Bill Damaschke estimated that DreamWorks has 10 movies in production, with an additional eight or nine in advanced pre-production. The biggest has to be Kung Fu Panda 3, which Damaschke reluctantly confirmed during the Q-and-A portion of the presentation.

Given the ridiculous popularity of the Madagascar penguins, I'm amazed this hasn't happened sooner. Madagascar 3 is in development for next summer, but I'm amazed that they didn't just skip it and move forward with this project instead. Unless something unbelievably terrible happens, Dreamworks Animation stands to make a lot of money from this movie.

Madgascar’s hilarious penguins are getting their own movie. What took them so long? They’ve been the best part of both Madagascar films. DreamWorks should probably have done this instead of Madagascar 2.

In this day and age there's a simple formula for family movies: if they do well, they get a sequel. This is true for live-action and animated, Pixar and DreamWorks. In the case of Kung Fu Panda, the movie